News
EU-Project First Launches Social Media Sentiment Analysis Tool
An European Union-backed consortium, Project First, has launched a prototype tool for near-real-time social media sentiment analysis for financial services firms.
TMX Atrium Mulls Asia FX Expansion, Eyes Canada, SEFs
TMX Atrium, the network provider subsidiary of Canadian exchange group TMX, is considering expanding its current foreign exchange market coverage beyond Europe and the US to Asia, to meet growing demand from customers for FX market data and connectivity…
Infinancials Develops Broker Tool to ID Stocks with Similar Fundamentals
French fundamental data and analytics provider Infinancials has developed a new web application, called Equity Trade Advisor, that online brokers can integrate with their online trading platforms to provide active traders with investment ideas based on…
CBOE Eyes 12-Month Latency Cuts
The Chicago Board Options Exchange is in the middle of an ongoing project to reduce data and transaction latency across its trading systems to less than 100 microseconds, building on existing latency reductions achieved as a result of moving its primary…
Startup Fund Linkul Value Taps YCharts
Startup asset manager Linkul Value Management has signed up to use Chicago-based YCharts’ online fundamental data analysis platform for historical analysis and running reports to create pitch books to attract investors.
OptionsCity Colocates in Equinix in Frankfurt
OptionsCity, a Chicago-based provider of trading solutions for futures and options, has chosen the Equinix data center campus in Frankfurt as its hub for access to German derivatives exchange Eurex.
SuperDerivatives Lays out DGX 2014 Roadmap
Over-the-counter pricing and risk management software vendor SuperDerivatives is building out content and functionality on its DGX market data terminal, following the completion of the first-phase rollout of "must-have" data and functionality components…
S&P CapIQ Expands Asia Market Connectivity
S&P Capital IQ plans to extend its low-latency network to new liquidity centers in the Asia-Pacific region over the coming months, including Korea, India and Thailand, in an effort to meet growing customer demand for real-time exchange data.
Pre-LEI Waiting Times Range From 24 Hours to Three Weeks as EMIR Looms
With implementation of EMIR weeks away, the production time for mandatory pre-legal entity identifiers varies between the pre-local operating units that issue the codes and depends on a number of factors
Eley Pivots to GoldenSource
John Eley, former chief executive of energy and commodities instant messaging, trading and liquidity aggregation software Pivot Inc., which was acquired by CME Group in July 2012 (IMD, July 31, 2012; Aug. 5, 2012), has joined enterprise data management…
Fannie Mae Catches Khatri
Market data industry veteran Arun Khatri has joined mortgage underwriter Fannie Mae in Herndon, VA as technology sourcing specialist, managing data services required by the agency's trading floor and to support its mortgage origination activities.
Markit Taps Conigliaro for Trading Services
Tom Conigliaro has joined Markit as managing director based in New York responsible for leading the vendor's trading services business, including its new Trader Dashboard, which integrates data and analytics to provide investment decision support for the…
Saxo Bank Launches Social Trading Floor
Copenhagen-based Saxo Bank has launched the beta version of its new social media-style trading floor.
Equinix Readies Sixth London Datacenter
Datacenter provider Equinix plans to build a new datacenter, dubbed LD6, at its Slough datacenter campus outside central London, to meet demand for rackspace from financial services customers.
European Insurer Uniqa Taps SimCorp for Structured Products
Austrian and Central European insurance firm Uniqa Group AG, with €26 billion in assets under management, will use XpressInstruments to manage its structured products support.
Poseidon Aims to Make Waves with China/Japan Reports, Mulls Quant Research
Hong Kong-based research provider Poseidon Research plans to release two off-the-shelf reports covering political risk in China and Japan in the coming weeks, and is also considering adding quantitative analysis to its existing qualitative content set to…
BAML Consolidates Options Algorithms
Bank of America Merrill Lynch (BAML) has streamlined its algorithmic offerings for options trading, consolidating them into four strategies.
Omega Securities Inc Adds CEO, ATS
Omega Securities Inc. (OSI), operator of the Toronto-based Omega ATS, installed a new CEO in November. In February it will debut a new alternative trading system (ATS). In April that new ATS will come out with a new pricing model.
Morningstar Puts CMBS Ratings on Bloomberg Terminals
Chicago-based data and investment research provider Morningstar's credit ratings arm has begun providing commercial mortgage-backed securities ratings via Bloomberg's Professional terminal, to meet growing investor demand for broader distribution of its…
Indian Regulator Plans HFT Conference
The Securities and Exchange Board of India (Sebi) has announced plans for a two-day conference next week, aimed at discussing the market risks associated with algorithmic and high-frequency trading (HFT).
Eley Appointed GoldenSource CEO, Meriton to Focus on Utilities
After 12 years as CEO, Mike Meriton will now serve the company as vice chairman, driving its strategic activities in relation to the creation of utilities. Former Pivot CEO John Eley has been chosen to succeed him
Savvis to Maintain Financial Focus, Post-Name Change
Officials at network and hosting provider Savvis say the vendor remains committed to its capital markets cloud and co-location customers, after retiring the Savvis brand and changing its name to CenturyLink Technology Solutions (CTS) in a bid to…
xCelor Debuts Single-Digit Nanosecond Data Switches
Chicago-based low-latency switching and data technology vendor xCelor has begun rolling out its family of xPort Layer 1 network switches, which replicate data from feeds without performing other processing tasks, to minimize port-to-port latency to…
We'll Connect to Only Five or Six SEFs, Say Buy-Siders
If the two buy-side representatives from a Tabb Group conference panel are typical, then firms are not interested in connecting to all 22 swap execution facilities (SEF) on the market. Speakers from Babson Capital Management and Vanguard Group said they…